AFI Europe’s first retail park in Romania to open in Arad on November 1st

AFI Europe announces the finalization of construction works on its first retail park developed in Romania, located in the city center of Arad. The official inauguration is scheduled for November 1st, in the presence of local authorities and company representatives.

Residents of Arad will have access to stores such as Carrefour, Media Galaxy, Starbucks, Cărturești, Decathlon, Teilor, Half Price, CCC, Fressnapf, DM, Smyk and more.

The retail park encompasses a built area spanning over 30,600 square meters, positioned within a total land perimeter of 79,900 square meters. The project boasts a gross leasable area (GLA) of 29,400 square meters, all on a single level, and ensures convenient access for visitors with 950 above-ground parking spaces.

As part of the project, a McDonald’s Drive-Thru restaurant was opened during the summer of 2022. Likewise, the first Leroy Merlin in the city opened its gates to the public in July 2023, offering a leasable area of 9,000 square meters. AFI Arad will also host several newcomer retailers arriving in the city for the first time, such as Carrefour hypermarket (with a leasable area of 5,800 square meters), Media Galaxy (3,000 square meters), Decathlon (2,000 square meters), Half Price, Starbucks, Burger King and others. The opening of AFI Arad will create approximately 2 000 jobs locally.

“It is with great pleasure that I announce the inauguration of this project, a milestone for both AFI Europe with our first retail park de in Romania, and the Arad community, who will have the opportunity to encounter renowned brands that have been eagerly awaited in their city. We have successfully delivered a retail park built to the highest standards, ensuring that the people of Arad can enjoy shopping with their family and friends. Additionally, we are delighted to have contributed to the local economy through our partnership with an Arad-based contractor – PAB, ensuring the best possible outcome”, commented Doron Klein, CEO of AFI Europe Romania and The Czech Republic.